TCZB - What does TCZB stand for? The Free Dictionary
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reports one of the sector's highest ROs, highlighted by sound cost ratios (despite recent strong rises in operating expenses), a low cost of risk and improving performance as to non-interest income, which showed a sound increase in 2013.
Originally established in 1863 as an agricultural cooperative, TCZB recently celebrated its 145th year of operation.
With total assets at year-end 2009 of TRY124.1 billion (USD equivalent 83.3 billion), TCZB is Turkey's second-largest bank by total assets and fifth-largest by total capital, claiming a market share of about 14%.